Home » CoinBits Review – Fraud or Not?

CoinBits Review – Fraud or Not?

CoinBits Review

CoinBits, a 2017 digital asset exchange, has partnered with Kraken to safeguard your digital currencies while enabling you to trade and store them. The Exchange maintains 95% of its customers’ Bitcoins offline and 5% on internet servers, ensuring that customers’ Bitcoins are completely safe. They do not charge any transaction fees.

CoinBits protects its customers’ data and privacy using bank-level encryption and SSL. Among the Exchange’s primary benefits are quick withdrawals, the absence of hidden fees, and much more. To begin trading, you must first fund your account with a $1 deposit.

We’ll examine some of the most critical things to consider when selecting a broker for your online trading requirements in our CoinBits review. Trading platforms, trading tools, research and education, account financing options, client service, and broker regulation are all included.

CoinBits Review

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    Platforms and Tools for CoinBits

    CoinBits performs all trading operations via its own trading platform. The custom trading platform was created with the goal of making Bitcoin trading as simple as possible. Additionally, the platform includes a variety of helpful trading tools that aid customers in optimising their trading experience.

    For instance, traders may round up their daily credit card transactions to the closest dollar and invest the difference via the CoinBits trading platform. The CoinBits trading platform is accessible as a WebTrader, which runs directly on contemporary web browsers like as Chrome, Safari, Firefox, and Edge, as well as an Android and iOS mobile application.

    The mobile app is ideal for traders who want to make trades and monitor trading positions while on the move, as long as they have an internet connection.

    CoinBit Education and Research

    On the Exchange’s website, there is an Often Asked Topics section that addresses some of the most frequently asked questions by traders.

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      Trading Accounts for CoinBits

      At any one moment, traders are only permitted to establish one live trading account. There are no commissions associated with this account, and you may leverage it up to 1:10. To begin trading, you must first fund your account with a $1 deposit.

      How to Fund Your CoinBits Account

      CoinBits accepts deposits and withdrawals through bank transfers, credit/debit cards, and cryptocurrencies.

      Customer service.

      Traders may contact a professional customer service staff with general, technical, and account-related questions, and they will respond quickly. Email, social media, or the Zendesk-powered Live Chat feature are all options for contacting support.

      Regulation

      At the moment, the Exchange’s website does not provide regulatory information. Prospective customers may be hesitant to establish an account with the broker due to the absence of regulation.

      Verdict

      CoinBits is an online financial services company located in the United States that allows clients to trade Bitcoin via an easy-to-use trading platform that is accessible on both the web and mobile. The Exchange offers traders a number of benefits, including up to 1:10 leverage, low variable spreads, no fees, quick withdrawals, and no hidden costs.

      Traders may establish a maximum of one live trading account, and the website has a frequently asked questions area. However, the Exchange’s website currently does not provide any regulatory information. To begin trading, you must first fund your account with a $1 deposit.

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